B of A Securities Maintains Neutral on Textron, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ronald Epstein maintains a Neutral rating on Textron (NYSE:TXT) and raises the price target from $76 to $85.
August 15, 2023 | 1:19 pm
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NEUTRAL IMPACT
B of A Securities maintains a Neutral rating on Textron and raises the price target from $76 to $85.
The news is directly about Textron. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is not expected to outperform the market in the short term. Therefore, the short term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100